Statewide rents-to-income ratio map

Author

Arthur Gailes

Published

February 15, 2023

Project Description: A statewide map comparing the median home price in every jurisdiction to metropolitan household income. Generally, three to five is considered to be a healthy rate—this interactive map will reveal potentially exclusionary jurisdictions.

Note: the title says rents to income, but the description specifies home price, so I did both. Rents are compared to monthly income.

Home Values to Income

Code
mapview(
  place_data_labs, 
  zcol = 'home_inc_fac', 
  label = "home_inc_ratio",
  layer.name = "Ratio of Home Values to Income")
  • Universe: Owner-occupied housing units

Rents as a percentage of monthly income

Code
mapview(
  place_data_labs, 
  zcol = 'rent_inc_lab',
  label = "rent_inc_pct_str",
  layer.name = "Gross Rent % of Monthly Income")